MyTopSportsbooks Journalist Investigates Profitability of Move-to-Earn Sneakers

Journalists spent a month tracking their movements through a popular earner app and answering the question, “Can I walk and make money with NFTs?”Ashton Miller, journalist MyTopSportsbooks, Websites that offer reviews of the best and best sports betting sites on the web Moon walking with irreplaceable sneakers.. The virtual shoes represented by the Move-to-Earn (M2E) app STEPN give the “wearer” cryptocurrency for every step they perform.

Miller’s Research Journalism used the STEPN app daily for a month to record progress and profitability. In the process, he unveiled the mechanics and tricks of the M2E application to get players hooked.

To start acquiring cryptocurrencies with STEPN, users need to make an initial investment. The user then aims to get it back through walking and running. The STEPN app allows users to earn native tokens GST and GMT by exercising after purchasing an NFT digital sneaker. The return on this investment is made difficult by the mechanics of the game, which includes fluctuations in the price of tokens used to buy sneakers.

Miller is another mechanism that can make it difficult to earn a rate of return on investment, a way for the game to encourage players to use the cryptocurrencies they have earned. The user must repair each time they “wear” the sneaker. They can also level up their sneakers in the hope of winning more cryptocurrencies in the future.

One of the key findings from a survey of MyTopSportsbooks journalists is that STEPN creates and adjusts rules at first glance without being accountable. App updates are frequent and often make it even more difficult to recover your initial investment. According to Miller, bugs often cost users cryptography and there is no way to hold STEPN accountable.